Fiserv has announced that it has enhanced TradeFlow™, its post-trade processing solution, by integrating several new industry standard methodologies. The integration will provide functionality to support several new asset classes and transaction types, and will bring improved ease of use and depth of functionality to users. Additionally, because of the integration, all post-trade processes will now be offered through a single solution, which can improve operational efficiency, reduce risk and increase transparency.
TradeFlow now includes functionality to support Exchange-Traded Derivative (ETD) Settlements, SWIFT MT515 Confirmation, FX Non-Deliverable Forwards, OTC Notifications and Repurchase and Reverse Repurchase Settlements. The workstation and user interface have also been enhanced for improved ease of use and depth of functionality. With these upgrades, TradeFlow will now be positioned to support future OTC derivative post-trade and clearing activities, as well as the SWIFT Global ETC initiative that will ultimately provide fully automated trade-matching functionality based on industry standard SWIFT messaging.
“The enhancements to TradeFlow will allow our clients to achieve greater depth and flexibility, while also meeting their regulatory requirements,” said Mike Foster, general manager, Institutional Management Solutions, Investment Services, Fiserv. “
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